Forum › Motoring › Buying a car with outstanding finance

TerFar Publish time 24-11-2019 23:47:54

Don't. That's a plan full of dangers.

safcalibur Publish time 24-11-2019 23:47:55

Apologies if this has been mentioned before but another way may be to transfer the debt and car to your name, take ownership of the car with finance company on board. Give the seller £200 and just pay off the £6.8k once you get the car home?

As has been mentioned before I wouldn't go through anyway but just thinking of ways to minimise risk for op as he seems to be intent on purchasing this car

ChuckMountain Publish time 24-11-2019 23:47:56

If you did go that route you would owe the finance company £1000 ...

its_all_Greek Publish time 24-11-2019 23:47:56

Is it possible this £6800 was a figure the seller spewed to keep from lowball offers. I.e the dealer actually has offered him £6000? so its nearer a grand worth of saving?

hippo99 Publish time 24-11-2019 23:47:57

I take it that OP being a 4hr drive away, he’s not even seen the car yet either?

ChuckMountain Publish time 24-11-2019 23:47:59

It will polish out honest .... data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7

leamspaceman Publish time 24-11-2019 23:47:59

It's a Ford Unicorn and seller is buying a Toyota Mermaid to replace it...

nheather Publish time 24-11-2019 23:48:00

No matter how bizarre your search, Google Images will always deliver.

                                                                        https://www.avforums.com/attachments/beautiful_unicorn_car-jpg.1044079/       

Cheers,

Nigel

leamspaceman Publish time 24-11-2019 23:48:00

Any joy with the Toyota Mermaid?

nheather Publish time 24-11-2019 23:48:01

https://www.avforums.com/attachments/toyota-mermaid-jpg.1044081/       

Cheers,

Nigel

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